Custom Vending Machines

Posts tagged ‘avt’

Vending MarketWatch Profiles AVT’s Partnership with NASCAR

VendingMarketwatch, a leading industry trade publication, reported on AVT’s new partnership with clothing line Panic Switch Army and their co-owner, NASCAR driver Kurt Busch. The arrangement is intended to target the 75 million NASCAR fans, increase awareness about the advantages and opportunities in Automated Retailing, and enhance the brand and recognition of AVT, Inc.

Luke Burrett and his wife, former Playboy Playmate Charis Burrett, are co-founders of Panic Switch Army{C}{C}, along with NASCAR driverKurt Busch.

In a recent interview with the Orange County Register, Busch said that the apparel company, “Ties in nicely with NASCAR’s core demographic of passionate fans who care about fashion.”

AVT is working with Panic Switch to create branding opportunities within the NASCAR circuit.

“We are pleased to be working with Panic Switch on this endeavor,” said Shannon Illingworth, Founder and Chairman of AVT. “We share the same values as Panic Switch, by providing the highest quality products, a deep-rooted heritage of innovation, and designs that are on the cutting edge of our respective industries,” he added. “We look forward to introducing the new and exciting world of Automated Retailing to the millions of NASCAR fans throughout the country.”

 

For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.

Connect with AVT on Facebook, at: facebook.com/AVTInc

Follow AVT on Twitter, at: twitter.com/AVTIncCA

For more information on Panic Switch Army, visit: www.panicswitcharmy.com

Connect with Panic Switch Army on Facebook, at: facebook.com/PanicSwitchArmy

Follow Charis Burrett and her Playboy Radio Show, at: twitter.com/charisb

For information on The Panic Switch with Charis B – syndicated through Playboy Radio, visit: www.playboyradio.com/#/the-panic-switch

Connect with Kurt Busch on Facebook, at: facebook.com/OfficialKurtBusch

Connect with NASCAR on Facebook, at: facebook.com/NASCAR

CNN Reports on the 8 Coolest Vending Machines in the World

AVT (ticker: AVTC). a leader in custom vending machines and automated retailing systems is leading one of the fastest growing sectors in the nation’s economy. Automated Retailing is the new way companies of all sizes are expanding their reach, engaging their customers, and enhancing their brand.

CNN recently published a piece titled, “The 8 Vending Machines Your Didn’t Know You Needed.” The piece highlighted ingenious, innovative and interesting custom vending systems from around the world. Almost half the systems profiled in the article were developed and built by AVT.

AVT creates self-service retail environments that attract attention and generate sales. The company also has one of the few pure business opportunities in the market, which allows entrepreneurs of all kinds to enter into the dynamic $1.1 trillion automated retailing industry.

The company has developed some of the most innovative systems in the world, including award-winning automated platforms for companies that include Medbox, Walmart, Blue Rhino, Cupcakes, Rug Doctor, and many more.

“We are pleased that once again, our systems are gaining international attention and acclaim,” said Shannon Illingworth, Founder and Chairman of AVT. “We specialize in creating customized systems that not only meet the needs of our customers, but do so in an often ground-breaking manner, taking our clients and the industry as a whole, to an entirely new level.”

For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.

For more information on AVT’s Business Opportunities, visit: http://autoretail.com/opportunities

Connect with AVT on Facebook, at: facebook.com/AVTInc

Follow AVT on Twitter, at: twitter.com/AVTIncCA

Read the article in CNN, at: http://www.cnn.com/2014/06/22/travel/odd-vending-machines/

 

 

ABOUT AVT, Inc:

AVT is a publicly traded company (ticker: AVTC), with a 15-year track record of success and innovation. AVT provides custom solutions to companies seeking an automated platform to increase sales, expand distribution, control lift, lower overhead, and enhance brand awareness. For more information, call (877) 424-3663, or visit: www.autoretail.com.

AVT Partners with Clothing Line Panic Switch Army for NASCAR Branding

AVT announced today that they have created a partnership with clothing line Panic Switch Army and their co-owner, NASCAR driver Kurt Busch. The arrangement is intended to target the 75 million NASCAR fans, increase awareness about the advantages and opportunities in Automated Retailing, and enhance the brand and recognition of AVT, Inc.

Luke Burrett and his wife, former Playboy Playmate Charis Burrett, are co-founders of Panic Switch Army, along with NASCAR driver Kurt Busch.

In a recent interview with the Orange County Register, Busch said that the apparel company, “Ties in nicely with NASCAR’s core demographic of passionate fans who care about fashion.”

AVT is working with Panic Switch to create branding opportunities within the NASCAR circuit.

“We are pleased to be working with Panic Switch on this endeavor,” said Shannon Illingworth, Founder and Chairman of AVT. “We share the same values as Panic Switch, by providing the highest quality products, a deep-rooted heritage of innovation, and designs that are on the cutting edge of our respective industries,” he added. “ We look forward to introducing the new and exciting world of Automated Retailing to the millions of NASCAR fans throughout the country.”

For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.

Connect with AVT on Facebook, at: facebook.com/AVTInc

Follow AVT on Twitter, at: twitter.com/AVTIncCA

For more information on Panic Switch Army, visit: www.panicswitcharmy.com

Connect with Panic Switch Army on Facebook, at: facebook.com/PanicSwitchArmy

Follow Charis Burrett and her Playboy Radio Show, at: twitter.com/charisb

For information on The Panic Switch with Charis B – syndicated through Playboy Radio, visit: www.playboyradio.com/#/the-panic-switch

Connect with Kurt Busch on Facebook, at: facebook.com/OfficialKurtBusch

Connect with NASCAR on Facebook, at: facebook.com/NASCAR

Technology Experts Examine Vending Customer Interaction

As reported by Vending Times, Television sets no longer have dials on them,” said Dr. Michael L. Kasavana, Michigan State University (E. Lansing, MI). “And vending machines no longer require you to establish credit before making a selection.”

Kasavana, who is the National Automatic Merchandising Association endowed professor of hospitality business at MSU’s Eli Broad College of Business, moderated a panel session on “Enhancing Technology Performance” at the 2014 NAMA OneShow.

Dr. Kasavana, who became the NAMA endowed professor in 1999, recalled that he had coined the term “v-commerce” to describe the convergence of data processing and data communications on the emerging generation of vending equipment at the turn of the millennium. Today, he said, it’s time to replace that summary with the term “v-engineering” to describe the emergence of advanced self-service technology. The industry continues to change rapidly, he noted, affected by a profusion of alternate payment systems, digital media, touchscreens and network applications. Especially noteworthy has been the arrival of enhanced consumer interfaces that, among many benefits, can help in product marketing.

New-generation vending machines with touchscreen customer interfaces have some similarity to websites and, like them, will benefit from user-friendly layout. “The design of the display does affect sales,” the speaker emphasized. “Operators need to increase same-store sales, and part of doing that is converting those ‘touches’ into purchases.”

Effective design of the screen display can make it easier for patrons to find a desired product and the information about it that they want, he said. It also can encourage customers to take advantage of options like multiple purchases in a single transaction, or promotional incentives, to increase the size of the transaction. Interactive screens allow the development of a wide variety of customer incentives, giving operators access to merchandising tools that previously were confined to manual retail outlets.

Enabling consumers to use their smartphones and tablets to make payments also offers operators the opportunity to benefit from other capabilities of consumers’ wireless smart devices. Not only can contemporary mobile payment systems offer the convenience of use with debit and stored-value cards, but also the promotional power of loyalty and reward programs, “social vending” (gifting), and more.

For more information on this subject, visit: www.autoretail.com

 

Television sets no longer have dials on them,” said Dr. Michael L. Kasavana, Michigan State University (E. Lansing, MI). “And vending machines no longer require you to establish credit before making a selection.” Kasavana, who is the National Automatic Merchandising Association endowed professor of hospitality business at MSU’s Eli Broad College of Business, moderated a panel session on “Enhancing Technology Performance” at the 2014 NAMA OneShow. – See more at: http://www.vendingtimes.com/ME2/dirmod.asp?sid=EB79A487112B48A296B38C81345C8C7F&nm=Vending+Features&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=666B87101B13438EBF13ADB1611EC6CC#sthash.JEiA8h0E.dpuf

Vending MarketWatch Talks About AVT’s Android Powered Machines

Vending MarketWatch, one of the industry’s leading trade publications, recently wrote about AVT’s new Android powered systems.

“AVT’s Android-powered custom vending machines can display ads and accept credit or debit cards and mobile wallet payments. Users can also redeem coupon codes and promotional offers,” the publication wrote.

“This system allows AVT to incorporate their patented technology, which provides remote wireless control of multiple vending machines. This industry-leading backend management system gives owners and operators a comprehensive set of customizable real-time reports on sales, usage patterns and even low inventory alerts.”

To read the article, visit: http://www.vendingmarketwatch.com/news/11269140/avt-creates-android-powered-custom-vending-machines

 

San Francisco Chronicle Lists Best New Custom Vending Machines

The San Francisco Chronicle recently wrote about the best new vending machines — and do our delight and surprise, almost all of which are designed and built by AVT.

The Chronicle wrote about some of the new custom vending machines that are offering fresh, exciting and innovative offerings; which have stimulated renewed interest in the $40 billion vending market.

The article stated, “The latest offerings include baked goods from Sprinkles Cupcakes, which operates three cupcake ATMs, and salads sold from an automated kiosk run by Farmer’s Fridge, a small company in Chicago. There’s also caviar from an ‘automated boutique’ in Beverly Hills and Mexican food offerings from a Burrito Box in Santa Monica.”

To read the article, visit: http://www.sfgate.com/business/article/From-burritos-to-smoothies-new-vending-machines-5236763.php

 

AVT, Inc. Releases Financial Case Study

AVT released an internal case study regarding the financial potential of their company-owned Marley Coffee Automated Stores, and the division’s impact on total company revenues.

The systems allow consumers to obtain a freshly ground and brewed cup of the highly prized Marley Jamaican Blue Mountain Coffee, and are being built and owned by AVT for placement in high-traffic locations throughout the nation.

The report bases its primary assumptions on the following:

  1. Each Marley Coffee Automated Store will generate an average of $2000 revenue per month (range of $1500-$2500 per unit is expected). Assumption (1) is based on AVT’s years of experience in both vending manufacturing and owning one of the most well regarded vending routes in the nation. This combined experience with similar name brands and products (beverage and coffee dispensing) allows AVT management to conclude that the $2000 per month figure is both realistic and attainable.

 

  1. AVT plans on placing 1,000 company-owned units during 2013. These units will be built continuously throughout the year, and installed on a monthly basis. Revenues will ramp up in a linear manner, with a year-end division revenue rate of $2 million per month.

 

  1. Forecast for year-end 2013 is that the Marley Coffee systems will add $12 million in new revenues. Forecast for year-end 2014 is that the Marley Coffee systems will add $24 million in revenues. New units will continue to be added as deemed appropriate for 2015 and beyond.

 

  1. Costs to build, deliver and market the full run of 1,000 systems is estimated at $5 million.

 

  1. Projected company revenues are forecast to be $50-$60 million by year-end 2014. AVT management believes that as the company reaches a critical mass, growth within the foreseeable future will continue at a similar pace.

 

  1. Total company revenues account for the following:
    1. Existing and projected orders from current customers.
    2. A conservative expectation to receive the same amount of new business that “walks in the door” as in recent years.
    3. Revenues from the new Marley Coffee division.
    4. Revenues from new licensing and financing divisions

 

According to financial analyst Francis Gaskins, Editor-in-Chief of IPOdesktop.com and frequent contributor to Bloomberg Television and CNBC, AVT is currently under valued and should be trading around $10 based on the above. Additionally, if the company can meet their stated goals, the company’s stock should be in the $15-$20 range.

“AVT’s Top line revenue has grown on average 45% per year for the past five years, and continues to increase on a quarterly basis as of the nine months ended September 2012,” Gaskins stated. “The company continues to generate solid quarterly profits, and based on AVT’s industry leadership role and backlog, IPOdesktop believes AVTC is undervalued at the current price.”

For more information on AVT, please call 800-240-5175 or visit the website at www.autoretail.com.

 

 

About AVT, Inc:

AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. With an in-house design team, software developers, mechanical engineers and on-site manufacturing, AVT can take projects from concept to completion with speed, economy and ingenuity.

AVT’s stock is traded through the OTC Markets, Ticker Symbol: AVTC

 

 

 

Disclaimer

The financial guidance above was not prepared with a view toward complying with the guidelines established by the American Institute of Certified Public Accountants with respect to prospective financial information, but, in the view of our management, was prepared on a reasonable basis, reflects the best currently available estimates and judgments, and presents, to the best of management’s knowledge and belief, the assumptions on which we base our financial guidance.

However, this information is not fact and should not be relied upon as being necessarily indicative of future results, and we undertake no obligation to release publicly the results of any future revisions we may make to this financial information to reflect events or circumstances after the this press release.

Neither our independent auditors nor any other independent accountants have compiled, examined or performed any procedures with respect to the prospective financial information contained herein, nor have they expressed any opinion or any other form of assurance on such information or its achievability, and they assume no responsibility for, and disclaim any association with, the prospective financial guidance information.

 

Safe Harbor Statement

The following Safe Harbor Statement applies to all our press releases, statements and blogs:

“This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company’s financial position and business strategy. The words or phrases “believe,” “think”, “should” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the Company’s expectations and estimates.

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